Farmers Cooperatives: Financing of Agricultural Cooperative Societies for Capacity Building in Anambra State, Nigeria

Abstract

This study empirically examined the methods of financing of agricultural cooperative societies for capacity building in Anambra state. Two hypotheses were formulated to guide the investigation and the statistical test of parameter estimates was conducted using Friedman’s 2 ways ANOVA. The study employed Survey Design in the data analysis. Primary data was used for the study and was obtained through questionnaire survey administered to the selected farmers’ cooperative societies in Anambra State. The findings generally indicated that farmers’ cooperative societies are variously involved in agricultural development and capacity building at 1% level of significance. Hence, the study recommends that government should create enabling environment for holding and managing the means for production in the process of developing under-privileged and disadvantaged areas. Also, the attitudes of government and the generality of the people must be changed positively towards cooperative development since it will be too difficult to achieve a meaningful balanced development without involving and stimulating the under-utilized rural resources which these cooperatives are trying to pool together to develop themselves